CIB-Egypt raises savings account returns to 12.5%

The Commercial International Bank (CIB)-Egypt has raised the upward return of the savings account in the Egyptian pound to reach 12.5% annually, as part of the bank's commitment to providing…

Daily News Egypt

Banque Misr launches nationwide cash transfer service via mobile phones 

 Banque Misr has launched a cash transfer service that enables clients and non-clients all over Egypt to transfer cash via mobile phones over 24 hours, as a new edition to…

Daily News Egypt

NBE will secure its branches with Egyptian technology to support Egyptian products

NBE signed a contract with Benha Electronics Company to supply electronic, metal-detecting security gates

Daily News Egypt

Increase in deposit rates at Crédit Agricole by end of Q1: Beltone

Gradual increase in financing imports and exports, thanks to currency availability following flotation

Hossam Mounir

CBE considers making amendments to the SMEs initiative 

Regular meetings in FEB to look into the problems facing banks during initiative implementation, taking suggestions, according to prominent banker

Hossam Mounir

CBE sets controls for its initiative to renovate tourism sector

Banks finance 75% of total replacement and renovation cost, clients bear the remaining amount

Hossam Mounir

Strong fluctuations of pound against the dollar over the upcoming period

The dollar's rate ranging between EGP 14 and EGP 15.5 achieves the required balance, further decline will not serve the state's interests, says Abdel Aal

Hossam Mounir

DNE News Brief: 25 February 2017

https://youtu.be/7AclLe8TcwE

Daily News Egypt

ITIDA launches seventh “Export IT”

The agency applied electronic signatures for the first time to apply for the programme

Daily News Egypt

Arab French Dairy uses Gulfood 2017 to ramp up exports to GCC 

AFDPL will be participating in Gulfood 2017 in Dubai to launch ‘Cheeze to Squeeze’

Daily News Egypt